The local stock market Tuesday posted a small gain on its last trading day for 2020 on the back of positive developments here and abroad. The Philippine Stock Exchange index (PSE) rose 17.46 points, or 0.25 percent, to close at 7,139.71 with only the Property and Services counters in...
The local stock market dropped yesterday due to concern over the new strain of COVID-19 which may trigger the reimposition of more stringent quarantine measures. The Philippine Stock Exchange index (PSEI) lost 82.13 points, or 1.14 percent, to close at 7,122.25 as all sectors retreated. Photo...
Local share prices continued to weaken due to concern over the rising number of cases of a new strain of COVID in the UK. (Photo credit: https://www.pse.com.ph) The main index shed 22.50 points or 0.31 percent to close at 7,202.39 with only the Property index rising. Volume was higher at 22.72...
Local shares weakened slightly Friday after failing to breach the 7,300 level. The Philippine Stock Exchange index (PSEi) retreated 25.22 points, or 0.35 percent, to close at 7,272.80 with sectoral indices evenly mixed. Photo credit: (https://www.pse.com.ph/) Volume rose to 23.55 billion shares...
The local stock market bounced today after some profit-taking in the previous session as investors cheer the ratification of the national budget and news on the US stimulus plan. The Philippine Stock Exchange index (PSEi) gained 51.77 points, or 0.73 percent, to close at 7,154.43 although...
The local stock market managed to sustain the previous day’s rally despite a weak start as investors continued to buy up shares. The main index rose 71.06 points or 1.01 percent to close at 7,080.62 with only the Services and Mining and Oil counters retreating. Volume eased to 3.9...
The local stock market continued to correct yesterday as investors take profit from the surge in prices last week. The Philippine Stock Exchange index (PSEi) dropped 51.83 points, or 0.74 percent, to close at 6,918.05 with only the Financials and Industrial counters managing to...
The stock market ended lower on the last trading day of the week on concerns over damages wrought by Typhoon Ulysses. The Philippine Stock Exchange index (PSEi) dropped 54.38 points, or 0.77 percent, to close at 6,969.88 with only the Property and Mining & Oil counters in the green....
The local stock market surged past the 7,000 level as investors celebrated positive reports on breakthrough in COVID-19 vaccines. The Philippine Stock Exchange index (PSEi) leaped 349.63 points, or 5.23 percent ,to close at 7,035.48 as share prices rose across the board with the Holding Firms...
The local stock market surged at the start of the US elections as investors look forward to an end in the guessing game over who will lead the world’s most influential economy in the next four years. The PSEi rose 128.49 points or 2.03 percent to close at 6,464.05 as share prices rose...
The share price of broadband internet service provider Converge Information and Communications Technology Solutions Inc. dropped upon its debut at the Philippine Stock Exchange. Converge shares closed at P15.22 per share, 9.4 percent lower than its initial public offering price of P16.80...
The local market closed its best week since the start of quarantine Friday on the back of good corporate earnings and US stimulus news. The Philippine Stock Exchange index (PSEi) rose by 139.43 points, or 2.2 percent, to close at 6,484.06 although the Services sector did not join the...